Tax Evasion Lawyers in Middlefield
"Tax Evasion" refers to the crime of deliberately failing to pay one's taxes, as required by Connecticut law.
Usually, the strategy employed by tax evaders in Middlefield, Connecticut is to try and make it look like they have less taxable income than they actually do. This can be done by failing to report income, concealing it, or fraudulently transferring property.
You may also be familiar with the term "tax avoidance." It is important that you don't confuse this with "tax evasion." Tax avoidance is perfectly legal, and is probably something that every taxpayer does whenever they file, whether they know it or not. It involves employing legal methods to make one's tax liability as small as possible, taking advantages of deductions and other tax breaks.
Penalties for Tax Evasion in Middlefield, Connecticut
The laws of the federal government, as well as Connecticut take tax evasion extremely seriously, making it a crime.
The penalties for tax evasion in Middlefield can range anywhere from small fines to huge fines, along with prison sentences of several years.
Most often, tax evasion - if it's a first offense and the tax liability is small - will not be cause for huge fines or imprisonment. This is especially true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was purposeful, as opposed to an honest mistake.
But if the government is able to definitively show that a defendant in Middlefield, Connecticut intentionally engaged in fraud to get out of paying taxes, a tax court is highly unlikely to show any leniency, and may well sentence the defendant to prison time.
A Middlefield, Connecticut Tax Evasion Lawyer Can Help
Attorneys in Middlefield, Connecticut who practice tax law can help you stay in compliance with your tax obligations. This is a good way to ensure that you won't be suspected of tax evasion in the first place.
In the unfortunate event that you're really charged with tax evasion, it's imperative that you hire a reliable tax attorney in Middlefield, Connecticut. If you are actually innocent, your tax attorney can help make sure that you have the best chance you can of being found not guilty.